there was the glitz, glamour and a surprise by michelle obama, too. the white house releases state by state report on the devastating impact that a sequester will have on jobs and middle-class families. >>> more pain at the pump. with prices rising. >>> and the pope in his final week and daytona 500 winner. plus, another blizzard bearing down on multiple states. "first look" starts right now. >>> it was hollywood's biggest night of the year and thes on can car parties are still going on at this moment. the stars lined up on the red carpet where the competition for best dressed brings as much buzz as the ceremony inside. stephanie sent theon is outside the dolby theater. >> reporter: the historic drama argo won best picture. an emotional moment for the film's star/producer/director. >> "argo." >> reporter: the academy award's biggest prize went to the rescue of american hostages from iran. >> i thank everyone on the movie. >> reporter: affleck produced, directed and start in the movie. >> "lie of pi." >> reporter: life of pi won four awards. beating li